By Nguyen Thi Bich Ngoc
The round was co-led by Acequia Capital and joined by SGI and Entrepreneur First.
InstaReM made a first close of its Series C funding round at over $20 million in November.
The Series A round was led by Wavemaker Partners and joined by existing investors Golden Gate Ventures, Convergence Venture, and Alpha JWC.
The VC firm is learnt to have secured $80 million in commitments for the fund so far.
The startup raised an additional $30 million for the oversubscribed round after securing $60 million in May last year.
Vickers is seeking to raise up to $500 million for the sixth fund.
The deal for the closely-held company, which was founded in Sydney, Australia, in 2012, values it at roughly $450 million.
The deal marks M12’s first such investment in an Australian startup.
Tookitaki had raised seed funding of $1 million in a round led by Jungle Ventures and joined by Rebright Partners and Blume Ventures in 2015.
DSG is in the market to raise $50 million for its third venture capital fund.